Newton Resources (HKSE:01231) Accounts Payable & Accrued Expense : HK$479 Mil (As of Dec. 2023)

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What is Newton Resources Accounts Payable & Accrued Expense?

Newton Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$201 Mil) to Jun. 2023 (HK$230 Mil) and increased from Jun. 2023 (HK$230 Mil) to Dec. 2023 (HK$479 Mil).

Newton Resources's annual accounts payable & accrued expense increased from Dec. 2021 (HK$14 Mil) to Dec. 2022 (HK$201 Mil) and increased from Dec. 2022 (HK$201 Mil) to Dec. 2023 (HK$479 Mil).

Newton Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Newton Resources's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Newton Resources Accounts Payable & Accrued Expense Chart

Newton Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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297.02

642.07

13.94

201.15

479.41

Newton Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.94	217.41	201.15	230.47	479.41

Newton Resources Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Newton Resources (HKSE:01231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Newton Resources Ltd (HKSE:01231) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

248 Queen's Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG

Website

https://www.newton-resources.com

Newton Resources Ltd is engaged in trading of iron ore and other commodities. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China and Other countries.

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